Best New Car Deals: April 2024

By

Automotive Content Editor

Meghan Carbary has been writing professionally for nearly 20 years. A published journalist in three states, Meghan honed her skills as a feature writer and sports editor. She has now expanded her skill-set into the automotive industry as a content writer for Auto Credit Express, where she contributes to several automotive and auto finance blogs.


, Automotive Content Editor - April 4, 2024

This spring, there are rebate deals to be found on new SUVs, cars, and trucks if you know where to look. The biggest new car rebate deals in April can be worth up to $35,000, based on our analysis of special offers from every major car brand. As we move further into 2024, we're starting to see some deals worth looking at for car buying and leasing again.

Be aware that the biggest discounts are often limited to certain trims and may come with a requirement to finance your purchase through the brand's captive lender. This month, be on the lookout for model year-end deals when considering the lease or purchase of your next vehicle.

Most deals listed below expire on April 30, 2024.

Best SUV Rebate Deals

2023 Hyundai IONIQ 5

The 2024 Hyundai IONIQ 5 offers one of the brand's most significant potentials for savings with up to $10,000 in savings depending on the trim on the West Coast when you lease. If you prefer to purchase, you can take a low APR of 0% for up to 60 months. Check with your local dealer to see what's available.

2022 Hyundai Nexo

The Hyundai Nexo hydrogen fuel cell EV offers the brand's most significant potential for savings with $35,000 in bonus cash on a new 2023 model in California when you purchase. This offer combines with a great low rate of 0% APR financing for up to 72 months.

We consider this to be one of the best deals around. The Nexo is only sold in California, so this is a regional deal. Check with your local dealer to see what's available near you.

2024 BMW iX

The 2024 BMW iX 50 offers the brand's biggest potential for savings when you lease in California. Right now, the iX is eligible for a $9,900 lease credit when you choose this model.

We don't typically see this big of a discount from BMW, so it's a good time to get in on this deal while you can. If you prefer to purchase, the discount drops to $7,500 but is stackable at 3.99% APR for up to 60 months. Deals may vary by trim, check with your local BMW deal to see what's available in your area.

2024 BMW XM

The 2024 BMW XM offers a huge potential for savings when you lease or purchase in California. Right now, the XM is eligible for a $9,900 credit when you choose this model, no matter if you lease or purchase.

We don't typically see this big of a discount from BMWs in general but especially an M model, so it's a good time to get in on this deal while you can. If you choose to purchase, rates are running as low as 3.99% on a new XM. Deals vary by trim, check with your local BMW deal to see what's available in your area.

2023 Mustang Mach-e

Right now, you could take advantage of Ford's Red Carpet Lease event, which could see you saving as much as $7,500 when you lease a new 2023 Mustang Mach-E in California. An even better reason to lease a 2023 Mustang Mach-E right now is that the prices have just been slashed on select models.

You can now get a 2023 Mach-E for as much as $8,100 less than we had been seeing earlier in the year following a round of price cuts that took effect on February 20th. If you prefer to purchase a Mach-E the 2023 model is now being offered to qualified buyers at a rate of 0% for 72 months, with $3,000 in bonus cash available on GT styles.

2023 Jeep Wrangler 4xe

The 2024 Jeep Wrangler 4xe in 4-door Sport S trim offers the brand's biggest potential for savings when you lease in California. This offer starts with a $7,500 Stellantis EV Incentive, then adds $1,500 in National Lease bonus cash, $1,000 in Chrysler Capital Bonus cash, and $1,000 in regional California Bonus Cash. Offers vary in other parts of the country, so be sure to ask your dealer about all the possible savings. Be aware that Bonus Cash varies by trim.

2023 Toyota bZ4x

The 2024 Toyota bZ4x offers the potential for big savings when you lease in the New York area. Right now, you can get up to $10,000 off a new Toyota bZ4x when you lease in New York. This deal can mean the MSRP on the bZ4x is essentially $33,070 when you lease in that region. This is a regional manufacturer's incentive, so be sure to check with your local Toyota dealer to see what's available near you.

2022 Dodge Durango

This national deal on a new 2023 Dodge Durango R/T with RWD is good for nearly $8,000 off of financing with Chrysler Capital.

This deal starts with National Retail Customer Cash of $4,250 and adds National Power Dollars Bonus Cash of $3,600 for a total of $7,850 off. We don't see deals on the Durango very often, so it may be a good time to take advantage while you can. Discount varies by trim.

2023 Lexus RZ

This deal on a new 2023 Lexus RZ 450e gives you $20,350 off on a lease of up to 27 months in Colorado thanks to the Colorado EV Tax Credit. We don't typically see regional deals this good, so if you're looking for an EV now is the time to think Lexus.

In other regions of the country, the lease on the 2023 RZ has $15,000 off. This may be a good time to take advantage of the lease discount on Lexus' first EV while you can, we don't know how long it will stick around. Discounts vary by trim and vary by region so check with your local Lexus dealer for discounts that apply to you.

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    Best Car Rebate Deals

    2024 Audi RS e-tron GT

    The 2024 Audi RS e-tron GT offers significant savings with $7,500 in savings on a new 2024 model when leasing. This offer is a lease bonus which is available to all lessees as a tax credit. If you're looking for a slightly more affordable version of the Audi, you can opt for the non-RS, 2024 e-tron GT and still get $7,500 off of MSRP. These deals aren't as high as the ones we saw last month on the RS e-tron GT, but they still make a good way to save on a very pricey vehicle.

    2024 Volvo S90 Recharge

    The 2024 Volvo S90 Recharge plug-in hybrid offers one of the brand's most significant potentials for savings with $15,000 in savings on a new model when leasing. This offer is a combination of a $7,500 EV Lease Bonus and a $7,500 Spring Lease Allowance. This offer is available in the western region of the US and doesn't qualify for purchases.

    2023 Audi A8

    Right now, shoppers can get an exciting offer when they choose to purchase a new 2024 Audi A8. This deal is a $10,000 customer cash offer that is available nationally. This offer is also available as a lease credit. This deal and its cash offers vary by model and trim, see your local dealer for deals in your area.

    2024 BMW i7

    The 2024 BMW i7 offers the brand's biggest potential for savings when you lease in California. Right now, the i7 is eligible for up to a $9,900 lease credit when you choose this model. Eligible customers can stack the lease credit with a $3,000 lease loyalty bonus, making for a $12,900 rebate.

    We don't typically see this big of a discount from BMW, so it's a good time to get in on this deal while you can. Deals may vary by trim, check with your local BMW deal to see what's available in your area.

    2022 Dodge Charger

    Right now, shoppers can get an exciting offer when they choose to purchase a new 2023 Dodge Charger SXT RWD. This deal is a $3,000 California bonus cash offer, plus a $2,920 National Power Dollars retail bonus that is available nationally. This deal and its cash offers vary by trim, see your local dealer for deals in your area.

    2022 Dodge Challenger

    This month, shoppers may qualify for an exciting offer when they choose to purchase a new 2023 Dodge Challenger SXT in California. This deal offers customers $3,030 in National Power Dollars bonus cash, plus $3,000 in California Bonus Cash. This deal and its cash offers vary by trim, see your local dealer for deals in your area.

    2022 Chrysler 300

    Right now, you can take advantage of the final year of the Chrysler 300 with $2,000 in bonus cash that is available to all consumers. This bonus is no longer stackable with the current 6.9% APR that is being offered on this outgoing model. Discounts vary by trim and engine choice, to qualify for the full $2,750 you must equip the S trim with the V6 engine. See your local Dodge dealer for more details.

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      Best Truck Rebate Deals

      2024 Ford F-150 Lightning

      This retail bonus deal applies to the 2023 Ford F-150 Lightning, but the amount is dependent on trim. This retail bonus cash applies to purchases of the new electric truck and ranges from $5,000 to $12,500 depending on trim.

      To qualify for the full discount, you need to purchase the Platinum trim. XLT trims are eligible for $7,500 in bonus cash, while Lariat trims get $5,000. Offers vary by trim, check with your local dealer to see your potential savings.

      2022 RAM 1500

      This incredible deal applies to the 2024 RAM 1500 when equipped with a V6 and purchased in California. This offer is a combination of $2,500 in Consumer Cash, $2,000 in Chrysler Capital Bonus Cash, and a $500 California Bonus. Offers may vary by trim, check with your local dealer to see your potential savings.

      2022 RAM 1500

      This deal applies to the 2023 Jeep Gladiator in Sport S 4x4 trim. This offer has the potential to be one of the biggest discounts on a truck this month. This rebate deal is above average and designed to clear out the last of the 2023 inventory. Offers may vary by trim, check with your local dealer to see your potential savings.

      Best Minivan Rebate Deals

      2023 Chrysler Pacifica

      Right now, shoppers can get an exciting offer when they choose to lease a new 2023 Chrysler Pacifica Plug-in Hybrid Touring L model in California.

      The highest discount will come for eligible shoppers who choose to lease their Pacifica through Chrysler Capital. The Touring L trim may get you up to $10,500 in rebates. This starts with a $7,500 federal tax credit and adds in a $3,000 Retail Bonus Cash.

      These deals and their cash offers vary by trim, see your local dealer for deals in your area.

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      , Automotive Content Editor

      Meghan Carbary has been writing professionally for nearly 20 years. A published journalist in three states, Meghan honed her skills as a feature writer and sports editor. She has now expanded her skill-set into the automotive industry as a content writer for Auto Credit Express, where she contributes to several automotive and auto finance blogs.


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